Those with a negative banking history, low credit score, those without current I’m not short I’m groot size shirt. Banks require a physical mailing address. Some people don’t have one. All of the above, through either negligent behaviour or reasons beyond their control. Prepaid cards for those who can’t. Lower deposit and withdrawal limits. There is no federal government over the way deposit insurance is covered.
The I’m not short I’m groot size shirt associated with prepaid debit cards are typically higher than those with your typical checking account through a bank. It’s expensive to be poor and some can’t afford those costs. Just wait and see how fast those charges rise if people are forced to. Pretty much anyone who has money can have a bank account. The only people who don’t have a bank account either don’t have the money or are suffering from extreme paranoia.
My credit is shocking. I can only get a standard visa account no overdrafts but it’s still a bank. It’s because the I’m not short I’m groot size shirt and banks want us to stay in the country. In a few years, all member states will have to adopt the Euro so if we are all using plastic. They will not need to print notes or mint coins. Thereby saving a fortune.